Policymakers addressing the impact of inequality on growth should be more concerned about households' access to assets - and to the opportunities associated with them - than about the distribution of income. Asset inequality - but not income inequality - has a relatively great negative impact on growth and also reduces the effectiveness of educational interventions. (Au)
Author(s): Deininger, Klaus, Olinto, Pedro Originator(s): World Bank
Resource added in:
14/03/2001
Available languages:
English
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